Discussion Topic

true / false

true / false

by Md. Abdullah Ibna Harun (193-15-13426) -
Number of replies: 1

Deferred revenue is a part of an organization's income, that has not been earned, but has been collected from customers in the form of cash payments. Earned expenses are expenses of an organization that have been spent but have not yet been paid. So Deferral means Accrual is not true.